Carnegie Mellon University is bolstering its leadership in turning university research and ideas into commercial enterprises by establishing the Carnegie Mellon Center for Innovation and Entrepreneurship (CIE), which merges the strengths of Project Olympus and the Donald H. Jones Center for Entrepreneurship.

The new CIE will be led jointly by Lenore Blum, founding director of Project Olympus and professor of computer science, and Dave Mawhinney, executive director of the Don Jones Center and assistant teaching professor of entrepreneurship. The CIE has three goals: 1) defining CMU as the “destination of choice” for individuals interested in entrepreneurship; 2) fostering an “inside-out” approach of creating winning commercial ventures from cutting-edge research; and 3) developing an extensive, vibrant network of alumni entrepreneurs.